Recognized at Morgan Stanley’s 24th Annual Tech Week for supporting seamless, secure authentication experiences for clients.
On September 29, at Morgan Stanley’s Tech Week reception in Menlo Park, California, President and Co-Founder Rakesh Loonkar accepted the Firm’s 2026 Innovation Award on behalf of Transmit Security. Morgan Stanley gives this award to technology companies whose capabilities have materially contributed to the Firm’s technology strategy and modernization. We’re proud to be named a 2026 winner.
Why this work shapes what we build
Financial institutions are a demanding test of new technology. Anything you deploy has to work across systems that were not designed together, hold up against threats that change faster than release cycles, and earn the trust of people who depend on it to move and safeguard their money.
That’s what makes this work rewarding. The conversations that come out of work like this tend to be specific: about edge cases, about what happens on the third attempt rather than the first, about the difference between a policy that reads well and one that behaves well at scale. Those details constantly shape our roadmap.
Where security and customer experience meet
Every login, account change, and transaction is a moment where an institution has to decide whether to trust the person on the other side. Fraudsters target exactly those moments through account takeover, credential stuffing, synthetic identities, social engineering, and scams that manipulate genuine customers.
A stronger approach treats identity as one continuous decision across the customer journey through phishing-resistent authentication, constant verification, and real-time signals drawn from device, behavior, and context working together to confirm legitimate customers quietly, reserving friction for the sessions that warrant it.
When these capabilities are orchestrated from a single platform, policies stay consistent across every channel instead of being stitched together from disconnected point solutions.
AI is rewriting the rules, not just raising the volume
The rules are changing faster than most security stacks can absorb. Customers are already delegating real actions to AI agents, and fraudsters have the same tools. Nearly every control in the modern security stack was built to tell humans from bots and it is more difficult than ever to tell legitimate users from malicious intent.
This is why we are driving innovation in the agentic space rather than waiting for the market to settle. Getting ahead is not something any vendor does alone. Architectures are proven in production, inside institutions where the stakes are real and the details matter. Building alongside organizations that hold technology to that standard is what turns a position on agentic identity into something that actually enables business, rather than becoming a revenue tax.
What we’re building toward
We’re grateful to Morgan Stanley for this recognition and their partnership over the years, especially to the teams on both sides who do the work behind it.
“Better security and less friction have never been a trade-off for us, and that principle is what carries into agentic AI and the future of banking,” said Rakesh Loonkar, President and Co-Founder of Transmit Security. “Recognition from Morgan Stanley, after years of close collaboration, is an honor. I am extremely proud of the Transmit Security team and I am thrilled they are being celebrated for their innovative work.”
If your institution is modernizing customer identity, fraud prevention, or preparing for the future of agentic commerce, we would be happy to walk you through the architecture that lets you orchestrate from a single platform so you never have to decide between blocking revenue and blocking adversaries.
